The Union Cabinet has permitted the appointment of Sanjay Malhotra as the new Governor of the Reserve Bank of India (RBI). Sanjay Malhotra, a 1990 batch Indian Administrative Service (IAS) officer and at present Revenue Secretary, will assume cost on December 11, 2024. The tenure of the RBI Governor is often three years. Sanjay Malhotra will exchange Shaktikanta Das on this position, whose tenure is ending on December 10, 2024.
bungalow worth 450 crores
While speaking to YouTuber Raj Shamani in the Figuring Out podcast, former Reserve Bank Governor Raghuram Rajan had stated that after I did the calculations and I got here to know that if we promote our home, we’ll get Rs 450 crore. . In reality, at current the bungalow that the RBI Governor gets to live in in the Malabar Hill space of Mumbai is very large and opulent. This bungalow has every kind of amenities. Talking about wage, in the similar podcast, Raghuram Rajan, who was the RBI Governor from September 2013 to September 2016, had instructed that in his time the annual wage of the Governor was solely Rs 4 lakh.
What was Shaktikanta Das’s wage?
According to a information revealed on NBT, in accordance to the info acquired from an RTI, the month-to-month wage of the earlier Governor Shaktikanta Das was Rs 2.5 lakh. Urjit Patel, who was the RBI Governor earlier than Shaktikanta Das, additionally bought the similar wage. Whereas, if we speak about the wage of different prime officers in RBI, the wage of the Deputy Governor is Rs 2.25 lakh per 30 days. Whereas, the wage of Executive Director is Rs 2.16 lakh per 30 days.
Who is the new Governor of RBI Sanjay Malhotra?
Sanjay Malhotra is a 1990 batch IAS officer of Rajasthan cadre. He has studied engineering in laptop science from IIT, Kanpur and has a grasp’s diploma in public coverage from Princeton University. Let us inform you, in his profession spanning 33 years, he has proven glorious management and expertise in varied sectors like energy, finance and taxation, info expertise, mining. Presently he is working as Revenue Secretary in the Finance Ministry. Before this he was holding the submit of Secretary, Department of Financial Services underneath the Ministry of Finance.
Also learn: Who is the new RBI Governor Sanjay Malhotra? Has a particular reference to Kanpur, did B.Tech from this institute 35 years in the past